Percentage of seats must be filled for the flight to break

Assignment Help Business Economics

Reference no: EM131809392

Southwest Airlines flies nonstop between Tampa and Albuquerque with 137-passenger planes. Considering all the costs of owning each plane plus the salaries for their crews and the fuel costs and landing fees, SWA engineers have determined that the fixed cost for a single flight is $10,400. If the costs associated with each passenger (reservations cost, check-in cost, baggage handling cost, snack cost, etc.) total $48 per passengerand the average ticket price is $157 (before the various taxes are added), what percentage of seats must be filled for the flight to break even? Contributed by Paul R. McCright, University of South Florida

Reference no: EM131809392

Questions Cloud

Conduct a literature search to locate research articles : Create a reference list in which the six articles are listed. Beneath each reference include the article's abstract.

Prepare an income statement for the current year ended : The assets and liabilities of Rocky's Day Spa at December 31 and expenses for the year. Prepare an income statement for the current year ended December 31.

What is the minimum number of days per year : To obtain a 12% rate of return what is the minimum number of days per year on average it will have to be used. Contributed by D. P. Loucks

Prepare a statement of owner equity for the year ended : The worksheet of Alec's Office Supplies contains the following owner's equity accounts. Prepare a statement of owner's equity for the year ended December 31

Percentage of seats must be filled for the flight to break : Southwest Airlines flies nonstop between Tampa and Albuquerque with 137-passenger planes. Considering all the costs of owning each plane plus

What about in the community setting : What about in the community setting? How does the epidemiologic triad differ when a nurse is providing care to someone in the community or in his home?

Importance of social media in strategic marketing : What is the importance of social media in the strategic marketing? Make a SWOT analysis based on the organisation in the given case study.

Assume the plane has a salvage value : Assume the plane has a salvage value at end of Year 10 of $13 million. Contributed by Paul R. McCright, University of South Florida.

Discuss the april purchases of trading securities : Prepare journal entries to record the April purchases of trading securities by Business Solutions

User Account

All Pages